VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 7 — Appraisal Timeliness
VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 7 — Appraisal Timeliness.
Verbatim regulatory text
Verbatim provisions from VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 7 — Appraisal Timeliness — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
VA Pamphlet 26-7, Chapter 10 (Appraisal Process), Topic 7 — Appraisal Timeliness
• This chapter has been revised in its entirety. a. Timeliness Expectations VA establishes appraisal timeliness requirements based on customary timeframes for comparable conventional appraisals in the geographic area. VA monitors timeliness closely in order to provide service to Veterans that is as fast as or faster than conventional appraisals. b. Access to Property When ordering appraisals, lenders should provide contact information for the individual who will provide the appraiser with access to the property without having to make any additional calls. c. Website for Timeliness Standards Timeliness standards are developed by reviewing appraisal completion times in the market area for similar conventional appraisal products. Timeliness standards are available at http://www.benefits.va.gov/HOMELOANS/appraiser_fee_schedule.asp d. Prompt Scheduling of Appointment Appraisers must make contact to schedule an appointment within two business days of receiving an assignment, documenting the activity in WebLGY to help ensure that a mutually convenient appointment is scheduled and the appraisal is completed on time. e. Any Delays Noted in WebLGY The appraiser must place notes in WebLGY to inform the lender of any delays beyond the appraiser’s control in obtaining access to view the interior of the property. A timeliness exception may be allowed when valid extenuating circumstances are documented in WebLGY. Lenders should check WebLGY for updates before contacting appraisers. f. Appraisal Report Completion If a delay noted in WebLGY extends the completion of the appraisal beyond the timeliness standard, the appraisal report must be uploaded no later than 3 business day after the appointment. g. Additions to Fee Panel RLCs will add appraisers to the fee panel in areas where it frequently takes longer to obtain a VA appraisal versus a comparable conventional appraisal.
Operationalizing VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 7 — Appraisal Timeliness
This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.
To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.
Source of record: https://claudeforcompliance.com/regs/va-m26-7-ch10-t07/
· register va-m26-7-ch10-t07 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.